$1,650,000
SOLD JUL 15, 2014
4 Beds
4 Baths
3,060 Sq Ft
6,546 Sq Ft Lot

Recently Sold

$539 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

  • Ground Level Unit
  • Built-In Features
  • Central Heating and Cooling System
  • Wood Flooring
  • Outdoor Grill

About This Home

As of March 2022

Beautiful two-building West Hollywood area quadruplex on lushly landscaped grounds. Front duplex units each feature arched ceilings, one bedroom, completely renovated and remodeled kitchens and bathroom, in-unit w/d, private patios and green space, designer touches; rear building includes a one-bedroom with one bath unit, a newly remodeled single unit and shared laundry room underneath; lushly landscaped courtyard with fire-pit, outdoor barbecue, sink, refrigerator, and built-in stone-tiled counter, separates the two buildings. This beautiful compound is close to the restaurants, services and chic shops of Melrose Avenue and Santa Monica Boulevard. Front hedges provide privacy for the residents fortunate to live here. Receiving great rents with potential for more.New roof installed on both buildings, new central air/heat for one unit. Updated electrical system and most plumbing.Please Do Not Disturb Tenants Nor Enter Onto The Property.

Last Agent to Sell the Property

David A. Neal

David Neal License #01772047 Listed on: 04/07/2014

Last Buyer's Agent

Phillip Braunstein

Eklipse Real Estate License #01523130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,926

Year Built

  • Built in 1924

Interior Spaces

  • 2-Story Property
  • Built-In Features

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Outdoor Grill
  • 6,546 Sq Ft Lot
  • Ground Level Unit

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5529-016-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,926

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, Top Level
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Stackable W/D Hookup, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, On street, Permit/Decal
  • Total Parking: 1

Utilities

  • Cooling: Central, Wall/Window
  • Heating: Central, Wall, Wall Electric, Wall Gas

Lot Info

  • Assessed Improvement Value: 170511
  • Assessed Land Value: 511552
  • Assessor Parcel Number: 5529-016-003
  • Geocode Override: No
  • Lot Size Area: 6546

Rental Info

  • Lease Per Month Year: Month

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Rentals
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 17, 2022
Sold by
Agopian Family Trust
Bought by
Blacktip Midcity Llc
Seller's Agent
David Parnes
Carolwood Estates
Buyer's Agent
Catherine Cheng
Berkshire Hathaway HomeServices California Propert
List Price
$2,945,000
Sold Price
$2,600,000
Premium/Discount to List
-$345,000
-11.71%
Total Days on Market
36
Current Estimated Value
$2,703,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,032
Avg. Annual Appreciation
1.22%

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 28, 2014
Sold by
Luna David
Bought by
Ardolf Frances Rusell and The Frances Russell Ardolf Tru
Seller's Agent
David A. Neal
David Neal
Buyer's Agent
Phillip Braunstein
Eklipse Real Estate
List Price
$1,700,000
Sold Price
$1,650,000
Premium/Discount to List
-$50,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$1,155,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 21, 2014
Sold by
Luna Michael Z and Luna Mary Diana
Bought by
Luna David
Seller's Agent
David A. Neal
David Neal
Buyer's Agent
Phillip Braunstein
Eklipse Real Estate
List Price
$1,700,000
Sold Price
$1,650,000
Premium/Discount to List
-$50,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2013
Sold by
Ardolf Frances Russell and The Frances Russell Ardolf Tru
Bought by
Agopian Sarah A and The Agopian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Luna Michael Z
Bought by
Luna Michael Z and Luna Maria Diana

Purchase Details

Closed on
May 10, 2005
Sold by
Luna Michael Z and Luna Maria Diana
Bought by
Luna Michael Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,400
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Luna Michael Z and Luna Mary Diana
Bought by
Luna Michael Z and Luna Mary Diana

Purchase Details

Closed on
Sep 21, 2001
Sold by
Luna David D
Bought by
Luna Michael Z and Luna Mary Diana

Purchase Details

Closed on
Aug 17, 2001
Sold by
Luna Michael Z and Luna Mary Diana
Bought by
Luna David D and Luna Michael Z

Purchase Details

Closed on
Sep 8, 1999
Sold by
Luna David D and Luna Michael Z
Bought by
Luna Michael Z and Luna Mary Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.75%

Purchase Details

Closed on
Apr 7, 1999
Sold by
Luna Mary Diane
Bought by
Luna Michael Z

Purchase Details

Closed on
Feb 21, 1997
Sold by
Bonnell Duane and The Bonnell Burhart Living Tru
Bought by
Luna Michael Z and Luna Mary Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.74%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Bonnell George Earl and Death Of Wayne L Burhart
Bought by
Bonnell George Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.91%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,600,000 Chicago Title
Grant Deed $1,650,016 Fidelity
Interfamily Deed Transfer -- Fidelity
Grant Deed $2,100,000 Provident Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Universal Title Company
Interfamily Deed Transfer -- Universal Title Company
Interfamily Deed Transfer -- Universal Title Company
Grant Deed $320,000 Equity Title
Grant Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,043,000 New Conventional
Previous Owner $1,155,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,155,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,050,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $610,400 New Conventional
Previous Owner $150,000 Credit Line Revolving
Previous Owner $455,000 Unknown
Previous Owner $337,500 No Value Available
Previous Owner $256,000 No Value Available
Previous Owner $168,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $2,600,000 -3.5% $850 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/02/2022 03/02/22 Price Changed $2,695,000 -8.5% $881 / Sq Ft
01/31/2022 01/31/22 For Sale $2,945,000 0.0% $962 / Sq Ft
02/24/2021 02/24/21 Rented $2,750 0.0% --
02/22/2021 02/22/21 Under Contract -- -- --
02/19/2021 02/19/21 Price Changed $2,750 -11.3% $3 / Sq Ft
01/10/2021 01/10/21 For Rent $3,100 0.0% --
01/12/2016 01/12/16 Sold $2,100,000 -4.3% $686 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $2,195,000 0.0% $717 / Sq Ft
06/18/2015 06/18/15 Rented $2,950 0.0% --
06/18/2015 06/18/15 Under Contract -- -- --
05/29/2015 05/29/15 For Rent $2,950 0.0% --
07/15/2014 07/15/14 Sold $1,650,000 -2.9% $539 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,700,000 -- $556 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $32,926 $2,705,040 $1,623,024 $1,082,016
2023 $32,285 $2,652,000 $1,591,200 $1,060,800
2022 $27,778 $2,342,586 $1,405,552 $937,034
2021 $27,439 $2,296,654 $1,377,993 $918,661
2019 $26,614 $2,228,846 $1,337,122 $891,724
2018 $26,506 $2,185,150 $1,310,904 $874,246
2016 $20,311 $1,675,162 $1,005,097 $670,065
2015 $20,027 $1,650,000 $990,000 $660,000
2014 $8,656 $685,159 $513,874 $171,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-751347

The MLS

APN: 5529-016-003